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On February 18, 2025, Quick Finans successfully completed the issuance of a 700 million TL nominal value bond, targeting qualified domestic investors. The bond, with a maturity date of February 25, 2026, offers a 41.5% annual simple interest rate and a single coupon payment.
Quick Finans had applied to the Capital Markets Board (SPK) on December 11, 2024, for a 900 million TL domestic debt instrument issuance without a public offering. This request was approved during SPK’s meeting on February 6, 2025, under decision number 7/237 and was subsequently published in the 2025/7 Capital Markets Board bulletin.
With this approval, Quick Finans increased its total debt instrument issuance ceiling to 2.79 billion TL. Since its inception, the company has conducted eight issuances, reaching a total issuance volume of 3.55 billion TL.
Commenting on this development, Quick Finans General Manager Nihat Karadağ stated: “Our strong financial standing within Maher Holding and our solid balance sheet provide us with consistent access to rising financial markets, ensuring stability and continuity in meeting growing investor demand. As the first financing company established by an insurance group, we continue our operations with the vision of integrating credit and insurance products into innovative and creative financing solutions. Additionally, we aim to contribute to the financial sector’s principles of ‘Financial Inclusion’ and ‘Financial Diversity.’ Within just two years of operation, Quick Finans has built an extensive sales network through collaborations with leading brands, distributors, dealers, and second-hand auction platforms in Turkey. Our primary focus is to allocate financial resources to sectors facing difficulties in accessing credit, particularly SMEs and tradespeople. Currently, 90% of our loan portfolio consists of loans provided to SMEs and small business owners.” |
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